Save-A-Lot

Save A Lot Donates More than 185,000 Bags of Food to Charities Across the Country

Retrieved on: 
Wednesday, January 13, 2021
Other Philanthropy, Supermarket, Food, Beverage, Philanthropy, Fund Raising, Discount, Variety, Foundation, Retail, Food bank, Save-A-Lot, Waste minimisation, Shopping bags

Throughout the holiday season, Save A Lot customers across the country supported their local communities by purchasing pre-assembled bags of food that were donated to local food charities and pantries, such as the Society of St. Vincent de Paul, the Salvation Army and numerous local and regional food banks.

Key Points: 
  • Throughout the holiday season, Save A Lot customers across the country supported their local communities by purchasing pre-assembled bags of food that were donated to local food charities and pantries, such as the Society of St. Vincent de Paul, the Salvation Army and numerous local and regional food banks.
  • (Photo: Business Wire)
    The 2020 Bags for a Brighter Holiday effort exceeded its goal of 100,000 bags by 85 percent, with 185,481 bags of food purchased donated across the country.
  • For more information about Save A Lot or the Bags for a Brighter Holiday program, please visit www.savealot.com .
  • Save A Lot remains true to its mission of being a neighborhood grocer, providing unmatched quality and value to local families.

Save A Lot Announces Sale of 51 Stores to Fresh Encounter

Retrieved on: 
Monday, December 28, 2020
Supermarket, Retail, Discount, Variety, Food, Beverage, Retailers, Retailing, Service companies, Onex Corporation, Save-A-Lot, Grocery store, Skaggs family, Shop 'n Save, Safeway Inc.

Save A Lot , one of the largest discount grocery chains in the U.S., today announced the latest update to its wholesale model transition with the sale of its 51 company-operated stores in the Tampa, Florida market to Fresh Encounter, a current Save A Lot Retail Partner licensee.

Key Points: 
  • Save A Lot , one of the largest discount grocery chains in the U.S., today announced the latest update to its wholesale model transition with the sale of its 51 company-operated stores in the Tampa, Florida market to Fresh Encounter, a current Save A Lot Retail Partner licensee.
  • Fresh Encounter will continue to operate the stores under the Save A Lot banner.
  • The sale of the Tampa stores to Fresh Encounter is part of an ongoing re-licensing program through which Save A Lot intends to transition to a wholesale model by selling more than 300 corporate-operated locations to new and existing Retail Partners who will continue to operate the stores under the Save A Lot banner.
  • To date, Save A Lot has executed seven sale transactions, comprising 82 stores, including those being sold to Fresh Encounter.

Save A Lot Spreads Holiday Cheer to Communities in Need, One Bag at a Time

Retrieved on: 
Monday, November 9, 2020
Supermarket, Retail, Discount, Variety, Food, Beverage, Onex Corporation, Save-A-Lot, Pasta, Staples Inc., Bag, Retailers, Retailing, Food and drink

Each bag is stocked with private label and brand name food items, including pasta, stuffing mix, canned beans, meats and other pantry staples from Save A Lot.

Key Points: 
  • Each bag is stocked with private label and brand name food items, including pasta, stuffing mix, canned beans, meats and other pantry staples from Save A Lot.
  • In 2019, Save A Lot customers donated 82,676 bags more than $411,000 worth of food to support families in need.
  • For more information about Save A Lot, the Bags for a Brighter Holiday program or to find a participating store, please visit www.savealot.com .
  • For more information, visit SaveALot.com and follow Save A Lot on Facebook ( facebook.com/savealot ) and Instagram ( @SaveALotFoodStores ).

Save A Lot Launches Round Up at the Register Program to Support Feeding America

Retrieved on: 
Tuesday, August 18, 2020
Supermarket, Retail, Discount, Variety, Food, Beverage, Retailers, Retailing, Onex Corporation, Save-A-Lot, Feeding America, Grocery store, Food bank

Save A Lot , one of the largest discount grocery chains in the United States, this week rolled out a Round Up at the Register program at nearly 580 stores nationwide in partnership with Feeding America.

Key Points: 
  • Save A Lot , one of the largest discount grocery chains in the United States, this week rolled out a Round Up at the Register program at nearly 580 stores nationwide in partnership with Feeding America.
  • The program will also help Save A Lot address the nationwide coin shortage in a meaningful way.
  • To-date in 2020, Save A Lot has donated nearly 1.6 million pounds of food to Feeding America member food banks across the country.
  • For more information about Save A Lot, the Round Up at the Register program or to find a participating store, please visit www.savealot.com .

Save A Lot Announces Successful Completion of Business Recapitalization

Retrieved on: 
Friday, April 3, 2020
Retail, Supermarket, Discount, Variety, Business cycle, Debt, Deleveraging, Save-A-Lot, Economy, Ion Media, Recapitalization, Finance, Economic history

Save A Lot, a U.S. discount grocer, today announced the successful completion of a comprehensive recapitalization of the business and significant deleveraging of the Companys balance sheet.

Key Points: 
  • Save A Lot, a U.S. discount grocer, today announced the successful completion of a comprehensive recapitalization of the business and significant deleveraging of the Companys balance sheet.
  • With the completion of this recapitalization, we are moving forward with a substantially stronger financial foundation as we continue serving our customers and executing our transformation plan, said Kenneth McGrath, Chief Executive Officer of Save A Lot.
  • Halsey Lane Holdings, LLC served as an advisor to the Board of Directors of Save A Lot.
  • Save A Lot remains true to its mission of adding unmatched value to its local communities.

Apply Today, Start Tomorrow: Leading Discount Grocer Save A Lot To Hire 1,000+ New Employees

Retrieved on: 
Friday, March 20, 2020
Software, Operating systems, Computing, Photo sharing, Social media, Social networking services, Facebook, Onex Corporation, Save-A-Lot, Instagram

Recently displaced workers and those who have been temporarily laid off due to the coronavirus (COVID-19) pandemic are strongly encouraged to apply.

Key Points: 
  • Recently displaced workers and those who have been temporarily laid off due to the coronavirus (COVID-19) pandemic are strongly encouraged to apply.
  • "Save A Lot is committed to continuing to provide high quality products and great value to our friends, families and communities across the country," said President and CEO of Save A Lot, Kenneth McGrath.
  • I am very grateful for the amazing team members we have across the organization and their outstanding commitment to our customers.
  • For more information, visit SaveALot.com and follow Save A Lot on Facebook ( facebook.com/savealot ) and Instagram ( @SaveALotFoodStores ).

Save A Lot Reaches Agreement with Substantial Majority of Lenders to Recapitalize Business

Retrieved on: 
Friday, January 3, 2020
Supermarket, Retail, Professional services, Finance, Onex Corporation, Save-A-Lot

Save A Lot, a U.S. discount grocer, today announced that it has reached an agreement with a substantial majority of its lenders to recapitalize the business and deleverage its balance sheet.

Key Points: 
  • Save A Lot, a U.S. discount grocer, today announced that it has reached an agreement with a substantial majority of its lenders to recapitalize the business and deleverage its balance sheet.
  • The agreement with our lenders is an important step in securing Save A Lots long-term success, said Kenneth McGrath, Chief Executive Officer of Save A Lot.
  • This is a significant statement of confidence in our business and gives us the appropriate levels of capital to compete effectively.
  • Under the terms of the agreement, which has been approved by lenders representing 67% of the Companys term loan credit agreement, Save A Lot will receive $138 million in new capital to strengthen the business and provide financial flexibility.

Save A Lot Spreads Holiday Joy to Families in Need

Retrieved on: 
Tuesday, December 3, 2019
Airlines, Onex Corporation, Save-A-Lot, LOT Polish Airlines, Aviation

In 2018, Save A Lot customers donated over $255,000 worth of food to support families in need.

Key Points: 
  • In 2018, Save A Lot customers donated over $255,000 worth of food to support families in need.
  • Now through December 31, customers may purchase pre-assembled bags of food for $4.99 at any of the 736 participating Save A Lot stores.
  • "Feeding America is grateful for Save A Lot's commitment to helping provide meals to their neighbors in need.
  • Visit a local Save A Lot store to purchase one of Save A Lot's Bags for a Brighter Holiday today.